211-215 W De La Guerra Street, SANTA BARBARA, CA 93101
$2,475,000
Property Type:
Res Inc
Square Footage:
5,487
Lot Size (sq. ft.):
12,750
Status:
Closed
Current Price:
$2,475,000
List Date:
5/25/2021
Last Modified:
12/08/2021
Description
First time on the market in over 60 years! 211–215 W. De la Guerra St. is an
incredibly unique and rare opportunity. Sitting less than two blocks from Paseo Nuevo this mixed-use, commercial/residential property features an
auto repair shop with a duplex and one cottage (all one-bedroom units).
This asset is zoned R-M and is located within the City's AUD overlay,
increasing the potential for residential units to a maximum of 63 units per
acre. Based on Overlay zoning location there is the ability to build up to 18 units on the 12,750 SF parcel. The rents are incredibly under market and there is tremendous upside to both the residential and commercial spaces. One of the studios has a washer and dryer in the unit.
Supplements: The property is comprised of four separate addresses: 211 W De La Guerra; 211 1/2, 213 and 215 W De La Guerra. PLEASE DO NOT DISTURB THE OCCUPANTS
More Information MLS# 21-1875
Location Info
District: 20 - SB/WEST OF STATE
Street #: 211-215
Dir: W
Street Name: De La Guerra
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 037-081-028
Cross Street: De La Vina Street
Contract Info
Current Price: $2,475,000
Price: 2455000
Buyers Agent $/%: 2
Begin Date: 2021-05-25
Status: Closed
Status Information
Sold Date: 2021-12-08
Sold Price: $2,475,000
Under Contract Date: 2021-06-03
Property Information
Number of Units: 4
Year Built: 1963
Main House SqFt: 5487
Apx Lot SqFt: 12750
Recurring Fees: No
Neighborhood/Schools
Elementary School: Monroe
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
COVID Showing Remarks: Prior to entering the property, all visitors are required to receive a CAR form BPPP & CAR form PRE (attached). All visitors must sign PEAD-ALL form which must be emailed to listing Agent prior to arriving at the property. Masks are required.
Hot Sheet Comment: new
Owner Info
Deposit: 3
Unit 1
# Units: 1
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 1600
Monthly Total: 72300
Unit 2
# Units: 1
# Bedrooms: 1
# Baths: 1
Rent: 1500
Unit 3
# Units: 1
# Bedrooms: 1
# Baths: 1
Unit 4
# Units: 1
# Baths: 1
Property Features
Condition: Good
Parking Info: Uncovered; Mixed
Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping
Laundry: Some
Flr/Wdw Coverings: Wood/Laminate; Tile; Vinyl
Pets: Yes
Zoning: Other
Reports Available: Prelim
Terms: Cash; Ctnl
Listing Type: ER
Pub Listing Details: Owner is Licensee
Contingent Remarks: HOME INSPECTN; SUBJ 2 INSPECT
Documents
BPPP ›Listing Office: Radius Group Commercial R.E.
Last Updated: December - 08 - 2021
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